Albemarle, NC vs Goldsboro, NC

Albemarle, NC and Goldsboro, NC have a very similar cost of living, with only a 1.9% difference in their overall index. Albemarle scores 73 while Goldsboro scores 75 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Albemarle is $856/month compared to $956/month in Goldsboro — a 11% difference. Interestingly, home values tell a different story: while Albemarle has cheaper rent, Goldsboro actually has lower median home values ($173,700 vs $186,100).

Median household income in Albemarle is $52,825 compared to $47,005 in Goldsboro (+12.4%). Albemarle offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Albemarle spend roughly 19.4% of their income on rent, less than the 24.4% in Goldsboro.